What is the future value eight years from now of each of the following cash-flow streams if money can earn 9% compounded semi-annually?
a) A single payment of $5,000 today.
b) An ordinary annuity starting today with eight annual payments of $900.
c) An ordinary annuity starting in three years with 20 quarterly payments of $400.

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The Answer of What is the future value eight years from now of each of the following cash-flow streams if money can earn 9% compounded semi-annually?
a) A single payment of $5,000 today.
b) An ordinary annuity starting today with eight annual payments of $900.
c) An ordinary annuity starting in three years with 20 quarterly payments of $400.

What Is the Future Value Eight Years from Now of Each